Global X India Active ETF (NDIA) Performance
NDIA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −12.8% since Dec 31, 2025
- 1 year
- −13.1% total return
- 3 years
- +2.8% a year
- Since first price
- +2.8% a year since 2023
NDIA trailing returns vs SPY, QQQ, AGG
| Period | NDIA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.2% | −2.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.9% | −1.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −5.5% | −5.5% | +7.8% | +8.4% | −1.5% |
| YTD | −12.8% | −12.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −13.1% | −14.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +8.6%+2.8%/yr | +3.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionAug 18, 2023 | +9.2%+2.8%/yr | +4.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NDIA vs SPY
From Aug 18, 2023: NDIA grew to $10,923, SPY to $18,117.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NDIA returns by calendar year
2 of 2 full years positive. Best 2024 (+5.8%), worst 2025 (+5.0%). 2026 is year to date.
NDIA annual returns table
| Year | NDIA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −12.8% | −16.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +5.0% | −11.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.8% | −11.7% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NDIA largest drawdowns
Now 19.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 23, 2024 | −22.1% | Mar 30, 2026 | not yet | 1.5 years | 2.1 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NDIA risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +2.4% | +2.5% |
| Volatility (annualized) | 14.4% | 14.2% |
| Sharpe ratio | -0.06 | -0.07 |
| Sortino ratio | -0.09 | -0.09 |
| Best month | +8.2% | +8.2% |
| Worst month | −11.2% | −11.2% |
| Best 12 months | +29.7% | +29.7% |
| Worst 12 months | −10.3% | −10.3% |
| Positive months | 61% | 62% |
| Beta vs S&P 500 | 0.39 | — |
| Correlation with S&P 500 | 0.34 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NDIA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 27 | −12.0% | +0.3% | +29.7% | 52% |
| 3-year (a year) | 3 | +2.4% | +2.8% | +4.2% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
NDIA performance overview
Global X India Active ETF (NDIA) returned −13.1% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +2.8% a year, turning $10,000 into about $10,923. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −22.1%, from Sep 23, 2024 to Mar 30, 2026; the fund has not yet regained that high. Volatility has been 14.2% a year.
Related: NDIA chart, NDIA holdings, NDIA dividends. See the NDIA overview for the latest quote and fund facts.
NDIA performance FAQ
What is the NDIA return over the past year?
NDIA returned −13.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 14.0%.
How much would $10,000 invested in NDIA be worth?
$10,000 invested in NDIA at its first recorded close on August 18, 2023 would be worth about $10,923 on October 23, 2026 with distributions reinvested.
What was the worst year for NDIA?
The worst calendar year was 2025, with a total return of +5.0%. The best was 2024 at +5.8%.
What is the biggest drawdown of NDIA?
The largest peak-to-trough decline was −22.1% between September 23, 2024 and March 30, 2026. It has not yet recovered to that high; it is 19.1% below its peak.
How volatile is NDIA?
Over the past 3 years NDIA had an annualized volatility of 14.4% and a Sharpe ratio of -0.06 (excess return over 1–3 month T-bills per unit of risk).